$420,000
$442,500
5.1%For more information regarding the value of a property, please contact us for a free consultation.
0.95 Acres Lot
SOLD DATE : 04/03/2020
Key Details
Sold Price $420,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 833556
Sold Date 04/03/20
Lot Size 0.950 Acres
Acres 0.95
Property Description
7,500 SF Metal building built-in 2003. The property has been well maintained and improved. The property features reception/lobby area, private offices, kitchen, childcare rooms, 4 restrooms, 2 roll-up doors, back up generator and a concrete rear lot with an electric gate. 100% heated and cooled office/warehouse. Based on current NOI, this property yields an 7.93% return on investment or could be perfect for an owner/occupier. A tenant has been in place for 6 years. They are currently on a month to month lease, so new owner would have the option of extending lease or canceling with existing tenant and utilizing as owner occupier.
Location
State FL
County Escambia
Area 08 - Escambia County
Zoning HC/LI
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Bought with ECN - Unknown Office
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